| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.30% |
| NAV | ₹152.23 (27 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹7,414 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.0% |
| Cipla Ltd. | Healthcare | Equity | 4.6% |
| ICICI Prudential Life Insurance Company Ltd. | Financial | Equity | 3.9% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.3% |
| Ambuja Cements Ltd. | Construction | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
| Tech Mahindra Ltd. | Technology | Equity | 3.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.1% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.0% |
SBI Long Term Equity Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Dinesh Balachandran is the Current Fund Manager of SBI Long Term Equity Fund Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,414 Cr and the Latest NAV as of 27 Oct 2020 is ₹152.23.
The SBI Long Term Equity Fund Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.